Matthew Dalton of The Wall Street Journal reports how China destroyed Europe’s solar panel industry and how the continent continues to struggle with an onslaught against other green sectors. Dalton writes:
French solar-panel company Photowatt once powered Europe’s ambition to become a renewables manufacturing giant, one that would provide the technology to help achieve the continent’s far-reaching climate goals.
Today, Photowatt is instead hanging by a thread, a potent symbol of the West’s struggles to fend off fierce competition from China. […]
“We have managed to free ourselves from dependence on Russian gas and oil. Do we want to move to a dependence on Chinese photovoltaic panels?” said French Finance Minister Bruno Le Maire. “We must therefore produce solar panels on our territory.”
Read more here.
